Foreign Exchange Translation Service

Transcription

1 Name: Audit Report September 1-14 Foreign Exchange Translation Service 1. Number of debits made to 2. Number of credits made to 3. Number of debits made to IVIiscellaneous Expense 4. Total debit or credit balance on trial balance 5. Number of accounts on trial balance Audit Report September Number of debits made to 2. Number of credits made to 3. Number of debits made to Advertising Expense 4. Total debit or credit balance on trial balance 5. Number of accounts on trial balance Audit Report September Number of debits made to 2. Number of credits made to 3. Number of debits made to Stuart Reed, Drawing 4. Total debit or credit balance on trial balance 5. Number of accounts on trial balance 6. Print Bank Reconciliation before entering September 30'*" information

2 Audit Report End-of-Fiscal Period September Total of debits or credits for adjusting entries $ ^'! i-f^ 2. Net income for period ^ ' h / > w 3. Component percentage for total operating expenses /. '' % 4. Component percentage for net income S.7 % 5. Number of assets on balance sheet ^ 6. Total amount of assets on balance sheet $ ^ / -. P f'^ 7. Number of liabilities on balance sheet 8. Total amount of liabilities on baiance sheet $ ^> /. j/ C; 9. Total amount of liabilities and owner's equity on balance sheet $ PRINT INCOME STATEMENT BEFORE PERFORMING CLOSING ENTRIES 10. Total debit and credit balance on post-closing trial balance $ Staple in this order and turn into the Inbox: 1. Audit Report (this sheet) 2. General Journal (print AFTER CLOSING ENTRIES) 3. Bank reconciliation form 5. Balance Sheet (print AFTER CLOSING ENTRIES) 6. Income Statement (print BEFORE CLOSING ENTRIES) 7. Trial Balance (print AFTER CLOSING ENTRIES)

3 Leo Garza/Simulation Page 1 Foreign Exchange T. S. General Journal 09/30/13 Date Refer. Acct. Title Debit Credit 09/01 09/01 Rl Rl 310 Stuart Reed, Capital /02 09/02 Cl Cl /03 09/03 C2 C2 160 Prepaid Insurance /03 09/03 C3 C3 120 Petty /03 09/03 Ml Ml A.P. Executive /04 09/04 C4 C4 540 Rent Expense /06 09/06 C5 C5 570 Utilities Expense /08 09/08 C6 C6 510 Advertising Expense /09 09/09 C7 C7 230 A.P. Executive /09 09/09 C8 C8 320 Stuart Reed, Drawing 09/10 09/10 Sl Sl A.R.-Our World Enterpr. Sales 09/11 09/11 C9 C /12 09/12 09/13 09/13 CIO CIO cn Cll Repair Expense /13 09/13 M2 M A.P. Computer Works /13 09/13 T13 T Sales /14 09/14 C12 C

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5 Leo Garza/Simulation Page 2 09/14 M /14 M3 230 A.P.-Executive /15 S /15 S2 410 A.R. Universal Marketing Sales /15 C /15 C /16 C /16 C /16 C /16 C15 Advertising Expense /16 C /16 C16 Stuart Reed, Drawing /17 C /17 C17 Utilities Expense / /17 C /18 R2 09/18 R2 130 A.R.-Our World Enterpr /19 C /19 C /20 C /20 C /20 M /20 M4 220 A.P. Computer Works /20 T20 09/20 T Sales /22 M /22 M5 210 A.P.-AU Store / /23 21 Repair Expense / /23 22 Stuart Reed, Drawing /24 R3 09/24 R3 140 A.R.-Universal Marketing 09/ /25 23 Utilities Expense / /

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7 Leo Garza/Simulation Page 3 09/27 C /27 C25 09/27 T27 09/27 T /27 M /27 M6 09/30 C /30 C /30 C26 09/30 C /30 C27 09/30 T30 09/30 T /30 ADJ /30 ADJ /30 ADJ /30 ADJ /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent /30 Clo.Ent. 320 A.P.-AU Store Sales Repair Expense Stuart Reed, Drawing Sales Expense Insurance Expense Prepaid Insurance Sales Income Summary Income Summary Advertising Expense Insurance Expense Rent Expense Repair Expense Expense Utilities Expense Income Summary Stuart Reed, Capital Stuart Reed, Capital Stuart Reed, Drawing Totals

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9 Leo Garza/Simulation Page 1 Foreign Exchange T. S. BanK Reconciliation 09/27/13 Checkbook Balance Less Bank Charges: 5.00 Adjusted Checkbook Balance Bank Statement Balance Plus Outstanding Deposits: Less Outstanding Checks: C C C C Adjusted Bank Balance

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11 Leo Garza/Simulation Page 1 Foreign Exchange T. S. Balance Sheet 09/30/13 Assets Petty A.R.-Our World Enterpr A.R.-Universal Marketing Prepaid Insurance Total Assets Liabilities A.P.-AU Store A.P.-Computer Works A.P.-Executive Supphes Total Liabilities Owner's Equity Stuart Reed, Capital Total Owner's Equity Total Liabilities & Equity

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13 Leo Garza/Simulation Page 1 Foreign Exchange T. S. Income Statement For Period Ended 09/30/13 Monthly Amount Monthly Percent Yearly Amount Yearly Percent Operating Revenue Sales Total Operating Revenue Operating Expenses Advertising Expense Insurance Expense Rent Ejcpense Repair Expense Expense Utilities Expense Total Operating Expenses Net Income

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15 Leo Garza/Simulation Page 1 Foreign Exchange T. S. Trial Balance 09/30/13 Acct. Account Number Title Debit Credit Petty A.R.-Our World Enterpr A.R.-Universal Marketing Prepaid Insurance A.P.-AU Store A.P.-Computer Works A.P.-Executive Supphes Stuart Reed, Capital Totals

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